Florece is 39 years old and lives in the town of Gaba in the Kampala South region of Uganda. She is married and has four children, two of whom are currently in school. For the past 10 years, Florece has been working hard to run a nursery school.
To help expand her business, Florece has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to increase the size of her school which will help Florece to generate greater profits and create more classrooms. Florece hopes that in the future she will be able to create a bigger school.
Florece is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Florece who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.
About BRAC Uganda
This loan is administered by BRAC Uganda, a registered non-governmental organization (NGO) in Uganda that is also a part of the BRAC international network. BRAC Uganda attempts to address poverty through a holistic model, offering programs in education, health, water & sanitation, agriculture, and microfinance. BRAC Uganda’s microfinance program aims to provide the poor with easy, reliable, and efficient access to institutional financial services, and reaches over 150,000 families in Uganda. For more on BRAC Uganda, please see our partner page, and join our lending team, Friends of BRAC Uganda.